Mixed Use Refinancing
How to Refinance a Mixed Use Property Quickly
Mixed use refinancing is alive and kicking with a wide variety of lenders. However, you need lenders who are geared up for this kind of engagement; otherwise, you might get poor service. Additionally, you need a consultant who has legal knowledge of commercial freehold ownership to help you through the process.
We know where to get the right lender for you, and we are the consultants you need.
Why Refinance a Mixed Use Property?
When you compare this property with a standard domestic one, you find that you get better value in terms of financial returns. However, you must get the right lender to make your project viable and cost-effective.
What should you Expect from the Lender?
Once the lender confirms that the property is in good condition, is in a strong rental area, and is fully let you expect the following:
• 5 year/ 7 year/ 10 year fixed-rate terms on the loan.
• 30-year full amortization.
• Loan recourse in some circumstances.
• Close the loan in 60 days or less.
The question is where can you find such a lender?
We Have the Answer
Did you know that if you are not an established landlord, your lending options reduce? Additionally, the rates are higher and the LTV might not be so generous.
This is where we come in.
Mixed Use Mortgage is a reputable financial company that has helped thousands of clients gets loans for refinancing mixed use properties. We have a team of experts who understand your needs as a property owner, and know how you can fulfill those needs at excellent terms.
We have shortened the loan application process to make it easier for you. With our proven best practices, we eliminate the element of trial and error from the loan application process.
Don’t hesitate to give us a call and discuss your options, consultation is free and never a fee.